NASDAQ$KROS

Keros Therapeutics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the quarter ended September 30, 2022.

Keros Therapeutics reported a net loss of $23.5 million in the third quarter of 2022. The company's cash and cash equivalents as of September 30, 2022 was $239.4 million and expects to fund its operating expenses and capital expenditure requirements into the first quarter of 2025.

  • Keros continued to build upon the positive momentum of pipeline programs in the third quarter of 2022.
  • Presented encouraging data from the multiple ascending dose portion of Phase 1 clinical trial of KER-012 in healthy volunteers.
  • Team is focused on initiating the Phase 2 clinical trial in pulmonary arterial hypertension, and expects to share the design of this trial in early 2023.
  • Strengthened balance sheet to extend cash runway into the first quarter of 2025.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.92

Previous: -$0.87-5.7%
Capital Expenditures

-$890K

Previous: -$865K-2.9%
Free Cash Flow

-$24.4M

Previous: -$21.2M-15.3%
Net Income

-$23.5M

Previous: -$20.3M-15.8%
Operating Income

-$28M

Previous: -$20.2M-38.5%
Cash & Equivalents

$239M

Previous: $221M+8.2%
Total Assets

$253M

Previous: $230M+9.8%
Stock-Based Comp

$4.75M

Previous: $3.08M+54.2%

Revenue & EPS history

Keros · Revenue · Quarterly

$0

Q3 2022
Beat estimate in 2 of 5 quarters(40%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.4%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+5.0%

Avg return

30 days after

42%

10 / 24 earnings

Positive

+34.0%

Q3 2021

Best reaction

-15.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.5%-17.4%-15.4%
Q4 2025-15.0%-15.9%-12.9%
Q3 2025+3.4%+8.0%+38.6%
Q1 2025+0.7%+0.1%-3.3%
Q4 2024+0.6%+5.9%-1.4%
Q3 2024+7.3%+8.9%+11.9%
Q2 2024-8.9%-8.0%+7.7%
Q1 2024-1.8%-8.0%-17.0%
Q4 2023-3.6%-1.4%-5.4%
Q3 2023-0.3%-7.4%+4.8%
Q2 2023-10.3%-12.9%-12.9%
Q1 2023-2.6%-2.3%+8.6%
Q4 2022-6.4%-3.6%-23.4%
Q3 2022-2.0%-9.2%+3.2%
Q2 2022+14.7%+13.5%+10.6%
Q1 2022-12.5%-15.5%-36.5%
Q4 2021+8.7%-3.5%+29.9%
Q3 2021+34.0%+43.0%+30.3%
Q2 2021+5.5%+2.6%-3.7%
Q1 2021-2.4%-6.9%-13.5%
Q4 2020+4.4%+6.6%+14.0%
Q3 2020-0.9%+8.1%+41.4%
Q2 2020+7.1%+12.8%+23.6%
Q1 2020-2.0%+4.0%+41.0%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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